Hayward Holdings, Inc. (NYSE:HAYW) CFO Eifion Jones Sells 75,000 Shares

Hayward Holdings, Inc. (NYSE:HAYW) CFO Eifion Jones sold 75,000 shares of Hayward stock in a transaction on Friday, November 8th. The shares were sold at an average price of $16.11, for a total value of $1,208,250.00. Following the transaction, the chief financial officer now directly owns 258,903 shares of the company’s stock, valued at approximately $4,170,927.33. The trade was a 22.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Hayward Trading Down 0.2 %

Shares of HAYW opened at $15.75 on Friday. The stock’s fifty day simple moving average is $15.06 and its 200-day simple moving average is $14.21. The firm has a market capitalization of $3.39 billion, a PE ratio of 37.57, a price-to-earnings-growth ratio of 2.23 and a beta of 1.19. Hayward Holdings, Inc. has a 12-month low of $11.29 and a 12-month high of $16.87. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.70.

Hayward (NYSE:HAYW) last issued its earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $227.57 million for the quarter, compared to analyst estimates of $222.88 million. Hayward had a net margin of 9.47% and a return on equity of 9.93%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.08 EPS. As a group, research analysts predict that Hayward Holdings, Inc. will post 0.61 earnings per share for the current year.

Institutional Trading of Hayward

Institutional investors and hedge funds have recently made changes to their positions in the business. MSD Capital L P acquired a new stake in shares of Hayward during the third quarter worth $418,901,000. Michael & Susan Dell Foundation acquired a new position in shares of Hayward during the 3rd quarter worth about $39,646,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Hayward by 18.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,637,305 shares of the company’s stock valued at $86,476,000 after acquiring an additional 878,705 shares during the last quarter. American Century Companies Inc. raised its holdings in Hayward by 13.6% in the second quarter. American Century Companies Inc. now owns 4,671,932 shares of the company’s stock worth $57,465,000 after purchasing an additional 558,227 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Hayward by 12.4% during the second quarter. Dimensional Fund Advisors LP now owns 4,267,404 shares of the company’s stock worth $52,489,000 after purchasing an additional 469,124 shares in the last quarter.

Analysts Set New Price Targets

A number of equities analysts have commented on HAYW shares. The Goldman Sachs Group boosted their price target on shares of Hayward from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Robert W. Baird increased their price target on Hayward from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Stifel Nicolaus lifted their price objective on Hayward from $15.50 to $16.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Finally, KeyCorp raised their target price on Hayward from $17.00 to $18.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $16.80.

Hayward Company Profile

Hayward Holdings, Inc designs, manufactures, and markets a portfolio of pool equipment and associated automation systems in North America, Europe, and internationally. The company offers pool equipment, including pumps, filters, robotics, suction and pressure cleaners, gas heaters and heat pumps, water features and landscape lighting, water sanitizers, salt chlorine generators, safety equipment, and in-floor automated cleaning systems, as well as LED illumination solutions.